Rex Energy Corporation (NASDAQ:REXX): The company’s price target has been raised by Oppenheimer due to the company’s Utica results, which is seen by the firm as positive. Oppenheimer thinks that the company will benefit as a result of higher liquids production going forward, and it keeps its Outperform rating on the stock.
Tyco Electronics, Ltd. (NYSE:TEL): The company’s has been removed from Citigroup’s Top Picks Live list because of the recent rally in shares. The firm reiterates its Buy rating and $47 price target on the stock.
Varian Medical Systems Inc. (NYSE:VAR): Brean Capital thinks that Varian Medical has $8-$12 of upside potential because of its exposure to Proton therapy and the radiation oncology market. The firm doesn’t think that the market is pricing in any value for Proton at current levels although it has made a significant investment in the therapy over the past year. Brean Capital gives the shares a Buy rating and a $80 price target.
Viacom, Inc. (NASDAQ:VIAB): The company’s price target has been increased by Susquehanna because of a compelling combination of improving operating trends along with having the lowest P/E in their universe. The firm believes that there is an upside based on current valuation and additional upside resulting from upward earnings revisions and a higher multiple for the entertainment group. The firm gives the stock a Positive rating.
Valero Energy Corp. (NYSE:VLO): According to Bank of America Merrill Lynch, Valero’s sell-off after the EPA said that it would continue with Tier 3 gasoline standards in order to reduce the amount of sulfur is overdone. The firm has stated that Q1 is solid, and it keeps its Buy rating and a $58 price target on the stock.
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